Investment Objective
The fund seek to generate double digit absolute returns from value-driven and event-driven credit investments in Europe.
Latest Meeting Note
Meeting Note 21 May 2015
This opportunistic credit strategy operates within all sectors and across the capital structure, with a particular focus on stressed and distressed situations where the team identify value. Where possible the team will look to identify s... Read more
This opportunistic credit strategy operates within all sectors and across the capital structure, with a particular focus on stressed and distressed situations where the team identify value. Where possible the team will look to identify situations that are mispriced and where an event is anticipated to trigger favorable price action. The primary focus of the team is on European companies using a very bottom up driven approach to making allocations in the portfolio. The team will take short positions in credits for alpha generation purposes as well as protection in deteriorating credit markets. This is a unique strategy in the UCITS format and provides an interesting angle into the credit space for investors willing to take on some liquidity risk.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.8 | 0.5 | 0.1 | 0.1 | 0.9 | 0.3 | 0.5 | 0.8 | 0.7 | 0.0 | 0.3 | 1.0 | 0.5 | |
2022 | 0.3 | 0.3 | 0.5 | 0.9 | 0.8 | 0.8 | 0.8 | 0.4 | 0.3 | 0.9 | 0.7 | 0.5 | 0.2 |